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Punjab National Bank eyes ambitious target to break into world's top 100
Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a significant surge in net profit reported last quarter, the bank is optimistic about accelerating credit growth and diversifying its business interests. Plans include launching wealth management and acquisition finance services, as well as pursuing foreign-currency deposits through a central bank facility.
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newsbytesapp.com
PNB raises $420M in overseas fundraising, targets $2.5B by September
Punjab National Bank (PNB) has secured $419 million in FCNR(B) deposits, aiming to achieve its ambitious $2.5 billion target by September 30 despite global yield challenges.
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thehindubusinessline.com
PNB hopeful of achieving net interest margin, FCNR (B) targets
Punjab National Bank aims for 7% net interest income growth and $2.5 billion FCNR(B) deposits by 2026.
